What makes a business successful?

I absorb chosen to analyses three productive businesses to understand how individually business has gained their success, these businesses Include Apple, melancholic and McDonalds. Other than having success with a growing profit I will explain different factors that they impart used. Apple Is an Innovative business that has dominated the technology sector. They abide plenty of experience, since they have been In the technology industry for over 30 years.This means they have enough k straightwayledge for their marketplace and know how to amass consumer demands. Also they have an excellent racketing team that promotes their product worldwide roughly commonly through their simple yet effective TV adverts. They have a strong brand identity compared to its competitors since their apple logo is so recognized worldwide. Sad is a massive supermarket the 2nd largest retailer in the I-J following behind Tests. However I still believe that Sad is successful due to their main aim that Is based upon focusing on their clients.This Includes providing a friendly process and also by consistently set the customer first by lowering prices to save money which mechanically attracts more new consumers and also growing a larger market online. McDonalds Is the worlds most popular fast food franchise with over 60 million customers per day. I believe Its such a successful family because of their sponsorship deals, they often team up with media partners for example film companies such as Dreadlocks when they release a new movie you are likely to go out that theme in your local McDonalds.Also they have mastered international enlargement which creates a huge global presence within over cytosine countries. I have also chosen three businesses that are sunk to carry out further research on which includes Blockbuster I-J, sew together and Comet. I will explain why I consider each business has failed in their market and how we can subscribe to from their mistakes. Blockbuste r UK is a film rental store that used to dominate the industry.Its faced troubles from the change magnitude of competitors that are online, they offer to stream films over the Internet which Is more accommodate to their current target market that are technology obsessed. The business which Is soon dominating Is Nettling that Is a popular website rather than a postal service mean its more ideal. Its a wealthy and powerful rival. What we can learn from this is that as a business you have to develop and match customers demand by focusing on what would be preferred by the customer and always adapting to new trends.HEM had an overall decline in sales for CDC and DVDS undermined by competition from online retailers and online downloads. The common trend among music lovers was to buy their music in digital form rather than buying a CD. HEM has failed to notice their face and instead struggled with handling debt. What we can learn from this is exactly the akin with Blockbusters that we need to develop the business in different ways to attach the target market allowing them to survive and succeed such as WHO Smith.Comet reached a downfall due to new competitors and the movement of Internet competitors Is popular meaning other competitors have a larger target market and hardcore customers. Also the market Is extremely competitive since new products are existence made so princes half each year which means retailers have to sell double to online because it tends to be cheaper. What we can learn from this is that to become a successful business you need to understand the online world. Business must now offer different options such as a shop and a website.